Many Mansions has added John Charles Maddux to its board of directors.
Maddux has served on two board committees for several years.
He serves as the president and CEO of Sunstone Properties Trust. The company develops workforce multifamily housing in Arizona, California, Florida, Nevada, Texas and Utah. Sunstone is an operator, developer and fund manager of real estate investments.
He brings to Many Mansions experience in all aspects of the acquisition, development, rehabilitation and management of multifamily residential developments.
Maddux also served as a founder and shareholder of the law firm of Nevers, Palazzo, Maddux & Packard PLC—now known as Nevers, Palazzo, Packard, Wildermuth & Wynner PLC—from 1997 to 2004. He practiced law with the firm of O’Melveny & Myers LLP from 1986 to 1996.
He earned his bachelor’s degree in business management-finance from Brigham Young University’s Marriott School of Management and his J.D. from Brigham Young University’s J. Reuben Clark Law School.
He is married to Lily and has three sons and four grandchildren. Many Mansions is a nonprofit affordable housing and service provider.
Article originally appeared in the Thousand Oaks Acorn.